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Identification of strategic industries: a dynamic perspective

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Author Info
Los, Bart (Groningen University)

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Abstract

Reliable estimates of the economy-wide losses associated with closedown of an industry are generally hard to obtain. In the input-output literature, numerous measures of the social value of industries were proposed. These measures are mostly based on comparative statics results, whereas a dynamic perspective seems much more in demand. In this paper, \"hypothetical extraction\" methods are used in a new dynamic input-output model of economic growth. This model also stresses the importance of technological linkages between industries and of international trade performance. The potential power of the dynamic extraction methodology is illustrated by simulation results for a hypothetical economy.

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Paper provided by University of Groningen, CCSO Centre for Economic Research in its series CCSO Working Papers with number 200202.

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Date of creation: 2002
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Handle: RePEc:dgr:rugccs:200202

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  1. Bart Los & Bart Verspagen, 2006. "The Evolution Of Productivity Gaps And Specialization Patterns," Metroeconomica, Blackwell Publishing, vol. 57(4), pages 464-493, November. [Downloadable!] (restricted)
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  2. ten Raa, Thijs & Wolff, Edward N., 2000. "Engines of growth in the US economy," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 473-489, December. [Downloadable!] (restricted)
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  3. Zvi Griliches, 1992. "The Search for R&D Spillovers," NBER Working Papers 3768, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  4. Dietzenbacher, Erik, 1992. "The measurement of interindustry linkages : Key sectors in the Netherlands," Economic Modelling, Elsevier, vol. 9(4), pages 419-437, October. [Downloadable!] (restricted)
  5. Jaffe, Adam B & Trajtenberg, Manuel & Henderson, Rebecca, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 577-98, August. [Downloadable!] (restricted)
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  6. Keld Laursen & Valentina Meliciani, 2002. "The relative importance of international vis-ý-vis national technological spillovers for market share dynamics," Industrial and Corporate Change, Oxford University Press, vol. 11(4), pages 875-894, August.
  7. Robert Stehrer, 2001. "Industrial specialisation, trade, and labour market dynamics in a multisectoral model of technological progress," Computing in Economics and Finance 2001 230, Society for Computational Economics.
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  8. Jan Fagerberg, 1999. "The Economic Challenge for Europe: Adapting to Innovation-Based Growth," Working Papers 2, Centre for Technology, Innovation and Culture, University of Oslo.
  9. Bart Los, 2001. "Endogenous Growth and Structural Change in a Dynamic Input–Output Model," Economic Systems Research, Taylor and Francis Journals, vol. 13(1), pages 3-34, March. [Downloadable!] (restricted)
  10. Meller, Patricio & Marfan, Manuel, 1981. "Small and Large Industry: Employment Generation, Linkages, and Key Sectors," Economic Development and Cultural Change, University of Chicago Press, vol. 29(2), pages 263-74, January.
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